Guaranteed Whole of Life Protection. Customer Guide

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Guaranteed Whole of Life Protection. Customer Guide"

Transcription

1 Guaranteed Whole of Life Protection Customer Guide

2

3 Introduction This guide applies to Eagle Star s Guaranteed Whole of Life Plan. Eagle Star wants to make sure that you purchase a policy that meets exactly with your requirements. This guide is designed to give you all the information required to make an informed purchase decision and includes some sample policy illustrations. If the policy is to be effected under Section 72 Capital Acquisitions Tax Consolidation Act 2003 ( Section 72 ) it can only be taken out on a Single life or in the case of a married couple Joint Life Second Death basis only. Particular attention should be paid to those parts of Section 7 and 8 of this Guide which refer specifically to Section 72 policies. These cover the taxation of the death benefit and the effect on the policy s Section 72 status if a claim is made under Terminal Illness benefit. Part B of this guide must be fully completed by your financial advisor. If your financial advisor charges a service fee, written details of the amount and nature of the fee will be provided separately by your financial advisor. A. Information about the policy 1. Make sure the policy meets your needs! i. ii. iii. iv. The purpose of this policy is to cover the life/lives insured against death for the whole of their life/lives. You can select the benefits you require when you are completing the application form. This policy is a regular premium protection plan. This policy is a long-term financial commitment necessitating a regular premium payment for the whole of your life. Regular premiums can be paid monthly, quarterly, half-yearly or yearly. You should be satisfied as to the nature of this commitment with regard to your needs, resources and circumstances before entering into a contract. Warning: If you have taken out this policy in complete or partial replacement of an existing policy, please take special care to satisfy yourself that this policy meets your needs. In particular, please make sure you are aware of the financial consequences of replacing your existing policy and of any possible financial loss as a result. If you are in doubt about this, please contact your insurer or insurance intermediary/financial advisor. 1

4 2. What happens if you want to cash in the policy early or stop paying premiums? i. ii. The policy never acquires a cash value and is not appropriate for retirement funding or savings purposes. This is a protection plan. If the premiums cease to be paid, no encashment value will be paid, and the policy will be terminated, after which Eagle Star will have no further liability under this policy. 3. What are the projected benefits under the policy? The benefit of this policy is the provision of a lump sum on the death of a life insured if the basis of cover is single life, dual life or joint life first death. If the basis of cover is joint life second death, the lump sum death benefit is paid on the later of the death of the first or the second life insured. This illustration is based on a male non-smoker, aged 50 next birthday, 500,000 Life cover, paying a premium of per month for the whole of life. Eagle Star will provide you with illustrations based on your own exact details when your policy is issued. Illustrative table of projected benefits and charges A B C D E = A+B-C-D End of Year Total amount of premiums paid into the policy to date Projected investment growth to date Projected expenses & charges to date Projected cost of protection benefits to date Projected policy value 1 6, , , , , , , , , , , , , , , , , , , , , , , , The premium payable includes costs of all charges, protection benefits, expenses and intermediary/ sales remuneration. The projected costs of protection benefits may exceed the premium paid in later policy years, but any excess is met by Eagle Star out of reserves set up from expenses and charges in earlier policy years. 2

5 4. What intermediary/sales remuneration is payable? Illustrative table of intermediary/sales remuneration End of Year Premium payable in that year Projected total intermediary/sales remuneration payable in that year 1 6, , , , , , , , , Are returns guaranteed and can the premium be reviewed? The initial premium is guaranteed to provide the initial benefits selected for the whole of life and cannot be reviewed by Eagle Star. If the inflation protection option is chosen the benefits will increase by 5% p.a. and the premiums under the policy are guaranteed to increase at a rate of 7.5% p.a. 6. Can the policy be cancelled or amended by the insurer? i. ii. The policy can normally only be cancelled or materially amended by Eagle Star as a result of changes required by Government legislation. Any failure on your behalf to disclose a material fact may invalidate the contract and result in all or part of any claims being rejected. A material fact is any fact about your health, smoking or drinking habits, occupation, pastimes, or policies with other insurance companies that will increase the risk of you making a claim or any other fact that may influence the assessment and acceptance of your application by Eagle Star. It is vital that you let Eagle Star know ALL material facts relating to this contract including any material fact that comes to light between the date you sign the application form and the date the Policy Document is issued. If you are in any doubt as to what constitutes a material fact, you should disclose full details. The same applies for any statement or declaration that you make to Eagle Star that is subsequently found to be untrue. If knowingly or 3

6 recklessly made, this may lead to the policy s being terminated. The same applies to any fraudulent attempts to obtain benefits under this policy. iii. The following important requirements apply: Policy Cessation Where the basis of cover is single life or joint life (first death or second death), the policy will cease on payment of the Life sum insured. Where the basis of cover is dual life, the policy will cease on payment of both Life sums insured. The policy must have a Life sum insured in force for at least one of the lives insured. If the only benefit in force is the Waiver of Premium benefit, the policy will cease. Definitions Definitions are an important part of this contract. In order for a claim to be paid in respect of certain benefits, the illness/condition contracted must meet the exact definitions set out in your Policy Document, which you will receive when your policy is issued. A copy of the Policy Document is available from Eagle Star on request. Risk Benefit Cessation Events Where the Waiver of Premium benefit has been chosen, it will cease on the earlier of the cessation of the policy or the relevant life insured s 60th birthday where the basis of cover is single life or dual life. If the basis of cover is joint life first death or joint life second death, the Waiver of Premium benefit will cease on the earlier of the cessation of the policy or the first life insured s 60th birthday. This means that claims for Waiver of Premium will not be paid after the relevant date and claims in payment will cease on the relevant date. Exclusions It is important to point out that risk benefits will not be paid for certain causes of claim. These are referred to as exclusions and will be outlined in your Policy Document, which you will receive when your policy is issued. A copy of the Policy Document is available from Eagle Star on request. Territorial Limits Where the life/lives insured resides or travels may also affect the risk benefits payable under the policy. Details of the Territorial Limits will be described in your Policy Document, which you will receive when your 4

7 policy is issued. A copy of the Policy Document is available from Eagle Star on request. Please note that different Territorial Limits apply for different benefits. Claim Time Limits For the Waiver of Premium Benefit, the first waiver of premium will take place no earlier than three months after the date of notification of a claim. Change of Occupation If you have Waiver of Premium benefit, you should notify Eagle Star if the life insured takes up an additional occupation, changes occupation or retires at any time during the term of the policy. Failure to do this could result in Eagle Star s declining any claim for this benefit. Policy Option Cessation Events Certain options may be selected by you on the application form at the outset of the policy, and the options that apply to your policy will cease on certain events. Inflation Protection Option This option ceases on the 75th birthday of the relevant life insured where the basis of cover is single life or dual life and on the 75th birthday of the older life where the basis of cover is either joint life first death or joint life second death. It also ceases if one increase in the sum(s) insured is refused. Guaranteed Insurability Option This option ceases on the 65th birthday of the relevant life insured where the basis of cover is single life or dual life and on the 65th birthday of the older life where the basis of cover is either joint life first death or joint life second death. 7. Information on taxation issues Taxation of Death Benefit No taxation liability arises on payment of the Death benefit. The Death benefit is payable to your personal representatives and may be taxable as part of your estate. If the policy is expressly effected under Section 72 Capital Aquisitions Tax Consolidation Act 2003 ( Section 72 ), then the proceeds are exempt from inheritance tax in so far as the proceeds are used to pay inheritance tax arising on the insured person s death. Any part of the proceeds not so used will however be liable to inheritance tax. 5

8 If a Terminal Illness claim is paid on a Section 72 policy, the policy would lose its Section 72 status and the proceeds will not be exempt from inheritance tax. The policy would, however, qualify as a Section 73 policy and as such the proceeds would be exempt from gift tax in so far as the proceeds are used to pay gift tax on benefits received from the Life assured. The gift must be made within one year of the benefit becoming payable. Where it is intended to use the proceeds of a Terminal lllness claim to pay gift tax it is recommended that the gift be made as soon as possible after the Terminal Illness benefit becomes payable. If the insured were to die before the gift was made, the gift tax exemption would be lost. The proceeds would not be exempt from inheritance tax. Information contained in this Customer Guide Application and the Policy Document should not be treated as constituting tax or legal advice. Information is based on our understanding of current legislation and tax practice which is subject to change. You are advised to consult your own tax and legal advisers as to the suitability of this product for you. 8. Additional information in relation to your policy It is important to note that some of the benefits and options described in this section are optional and may not apply to your policy. i. Descriptions of Benefits and Options Basis of Cover When you fill out the application form, you will have four choices for the basis of cover: single, dual, joint life first death and joint life second death. If there is only one life insured on the policy, the basis of cover is single life. If there are two lives insured on the policy, you will have a choice of dual life, joint life first death or joint life second death cover. Dual life means that the Life cover benefit applies separately to each life insured and a claim by one life insured does not affect the Life cover benefit of the other life insured. Joint life first death cover means that the Life cover benefit applies only once in respect of both lives insured. A claim by one life insured in respect of Life cover terminates the life cover in respect of the second life insured. Joint life second death cover means that the Life cover benefit applies only once in respect of both lives insured and it applies on the death of one of the lives insured, provided the other life insured has already died. 6

9 In dual life cases, Waiver of Premium benefit can be selected separately and applies separately to each life insured. In joint life first death or joint life second death cases, Waiver of Premium benefit, if selected, applies only to the first life insured. Death Benefit If the basis of cover is single life, dual life or joint life first death, on proof of the death of a life insured, Eagle Star will pay the life sum insured in force at the date of death. If the basis of cover is joint life second death, on proof of the deaths of both the first and the second lives insured, Eagle Star will pay the life sum insured in force at the date of death of the life insured which causes the death benefit to become payable. Terminal Illness Benefit This is an automatic additional benefit in respect of a life insured. Where the basis of cover is single life or joint life first death, on proof of the diagnosis of a Terminal Illness of a life insured after the start date, Eagle Star will pay the Life sum insured in force at the date of diagnosis of the Terminal Illness. The policy will then cease, and Eagle Star will have no further liability under the policy. Where the basis of cover is joint life second death, on proof of the death of one of the lives insured after the start date and the diagnosis of a Terminal Illness of the surviving life insured after the start date, Eagle Star will pay the relevant Life sum insured in force at the date of diagnosis of the Terminal Illness. The policy will then cease, and Eagle Star will have no further liability under the policy. Where the basis of cover is dual life, on proof of the diagnosis of a Terminal Illness of a life insured after the start date, Eagle Star will pay the relevant Life sum insured in force at the date of diagnosis of the Terminal Illness. No further benefits will then be payable in respect of that life insured. Note: Claiming this benefit will affect the Section 72 status of your policy see section 7 of this customer guide for more detail. Accidental Death Benefit while Policy is in the Proposal Stage This is an automatic additional benefit in respect of a life insured. As soon as Eagle Star receives your fully completed application form accompanied by a valid direct debit mandate or premium cheque, you will be automatically covered for Accidental Death benefit free 7

10 of charge while your application is being considered. This means that if you die from bodily injury as a result of an accident while Eagle Star is processing your application, the company will pay out the amount of the Life cover benefit you chose to be insured for, up to a maximum of 130,000. This cover will cease on the earlier of your application s being accepted or declined and 30 days after receipt of your application form. Accidental Death benefit will not be payable if the claim arises from any of the following: Bodily or mental infirmity, illness or disease of any kind. Service in any armed force in any country. Taking part in (or practising for) boxing, caving, climbing, horseracing, jet skiing, martial arts, mountaineering, offpiste skiing, potholing, power boat racing, underwater diving, yacht racing or any race, trial or timed motorsport. Intentional self-inflicted injury, the taking of drugs or alcohol or active participation in criminal acts. Waiver of Premium Benefit This is an optional additional benefit. This benefit provides for the payment of premiums by Eagle Star if you are unable to work because of accident or illness for a period longer than 26 weeks. In joint life first death and joint life second death cases, it only applies to the first life insured, if selected. In dual life cases, it can be selected by each life separately, and in the case of a claim, only the relevant life insured s premium will be waived. Guaranteed Insurability Option This is an automatic additional benefit subject to initial underwriting. This option provides you with a mechanism to increase your Life benefit by the lesser of 50% of the original benefit at the start date of the policy and 100,000 without underwriting following any of the special events listed below: marriage; birth or adoption of a child; change in your Capital Acquisitions Tax liability due to: - the receipt of an inheritance; - an increase in value of the estate due to inflation, stock market movements or interest paid on savings or a salary increase; - an increase in tax rates or change in tax bands. 8

11 Note that an increase in the Capital Acquisitions Tax liability due to the removal of any tax exemption on existing assets is excluded from the special events detailed above. The total maximum increase across all options over the life of the policy is the lesser of 200,000 and the relevant original sum insured at the policy start date. This limit applies separately to each life for dual life cases. In addition, the monetary limits described above relate to all similar policies that the life insured has with Eagle Star and not individually to each policy. There are other conditions and restrictions applying to this option described in the policy document, which you will receive when your policy is issued. A copy of the policy document is available from Eagle Star on request. Inflation Protection Option This is an optional additional benefit that can be selected on the application form at the start of the policy. This benefit provides you with a mechanism to protect the value of your protection benefits from inflation. If this benefit applies, it operates as follows: Every year on the policy anniversary, Eagle Star will automatically increase the sum(s) insured under your policy by 5% and the premium by 7.5%. You will not have to provide Eagle Star with any medical evidence to obtain these increases in benefit. At the time of an increase in sum(s) insured, Eagle Star will inform you of this in writing. You will not be obliged to accept the increase offered. Eagle Star will not offer any further increases if the following have occurred: you have refused a previous offer of an increase; the relevant life insured has reached his/her 75th birthday if the basis of cover is single life or dual life; or the older of the lives insured has reached his/her 75th birthday, if the basis of cover is joint life first death or joint life second death. ii. iii. Term of Policy This is a whole of life policy. Circumstances under which the policy may be terminated In the event that you wish to terminate the contract, you should write to your Financial Advisor or Eagle Star, quoting your policy number. 9

12 iv. v. vi. Satisfaction Period On receipt of your policy documentation, you will have an opportunity to cancel the policy if you feel it will not meet your needs. To do this, return your Policy Document, Policy Certificate and a signed cancellation request to Eagle Star within 30 days. On receipt of the above, Eagle Star will refund all the premiums paid on your policy, and Eagle Star s liability for any benefits will cease. Law Applicable to Policy The information or any part of it contained in this notice does not form part of a contract of insurance between you and Eagle Star Life Assurance Company of Ireland Limited. The terms and conditions of your contract with Eagle Star are governed by the law of Ireland and are contained in your Policy Document and accompanying Policy Certificate. Your Policy Document is evidence of a legal contract. Eagle Star s Complaints Procedure Eagle Star has an unrivalled reputation for excellence in the insurance industry. If you are a policy owner, beneficiary or an insured person, and are not satisfied in any way with this policy, you should contact Eagle Star Customer Services. If Eagle Star is unable to satisfy your complaint, you may have recourse to the Financial Services Ombudsman s Bureau. Details of the services provided by the Financial Services Ombudsman can be given by Eagle Star upon request. Eagle Star Customer Services Tel: (01) Fax: (01) Useful Contacts The Financial Regulator P.O. Box 9138, College Green, Dublin 2 Tel: (01) The Irish Insurance Federation 39 Molesworth Street, Dublin 2 Tel: (01) Financial Services Ombudsman s Bureau 3rd Floor, Lincoln House Lincoln Place, Dublin 2 Local No:

13 B. Information about the insurer, financial advisor/sales employee and service fee This part of the guide provides information about Eagle Star, your financial advisor and any service fee that he/she may charge you in respect of products described in this guide. 1. Information about Eagle Star Eagle Star Life Assurance Company of Ireland Limited is a limited liability company registered in Ireland under number and licensed by the Department of Enterprise, Trade and Employment to transact life business in Ireland. Eagle Star is registered for Value Added Tax (VAT) under registration number M. Eagle Star s head office is situated at the address given below: Eagle Star House, Frascati Road, Blackrock, Co. Dublin. Tel: (01) Fax: (01) Website: For further information on your policy, please contact: Customer Services Tel: (01) Fax: (01)

14 2. Information about the financial advisor The name and status of the Financial Advisor and the nature of the relationship with Eagle Star are as follows: Financial Advisor Details Name Correspondence Address Legal Form (Self-employed/Company/Partnership etc.): Name of Sales Employee (where applicable) Telephone Fax Financial Advisor s Agency Agreement with Eagle Star Broker Insurance Agent* Tied Agent* Employee * If agent, please state with what other insurance companies you have an agency. 3. Information on the service fee charged by your financial advisor None OR As per written details supplied by your financial advisor 12

15

16 Print Ref: LCG Product Ref: JAW Eagle Star Life Assurance Company of Ireland Limited Eagle Star House, Frascati Road, Blackrock, Co. Dublin, Ireland. Telephone: Fax: Website: Eagle Star Life Assurance Company of Ireland Limited is regulated by the Financial Regulator. Intended for distribution within the Republic of Ireland.

Pension Guaranteed Term Protection - Personal. Customer Guide

Pension Guaranteed Term Protection - Personal. Customer Guide Pension Guaranteed Term Protection - Personal Customer Guide Introduction This guide applies to the Zurich Life Pension Guaranteed Term Protection - Personal Plan. Zurich Life Assurance plc ( Zurich Life

More information

Pension Annuity. Customer Guide

Pension Annuity. Customer Guide Pension Annuity Customer Guide Introduction This guide applies to the Zurich Life Pension Annuity. We want to make sure that you purchase a policy that meets exactly with your requirements. This guide

More information

LifeSave Investment Bond. Customer Guide

LifeSave Investment Bond. Customer Guide LifeSave Investment Bond Customer Guide Warning: If you invest in this product you may lose some or all of the money you invest. Warning: The value of your investment may go down as well as up. Warning:

More information

Personal Retirement Bond

Personal Retirement Bond Personal Retirement Bond Customer Guide This Customer Guide is to be read in conjunction with the Fund Guide. Introduction This guide applies to the Personal Retirement Bond. Zurich Life Assurance plc

More information

Approved Minimum Retirement Fund (AMRF) Approved Retirement Fund (ARF)

Approved Minimum Retirement Fund (AMRF) Approved Retirement Fund (ARF) Approved Minimum Retirement Fund (AMRF) Approved Retirement Fund (ARF) Customer Guide This Customer Guide should be read in conjunction with the Fund Guide. Introduction This guide applies to the Approved

More information

Guaranteed Whole of Life Protection. Customer Brochure

Guaranteed Whole of Life Protection. Customer Brochure Guaranteed Whole of Life Protection Customer Brochure Contents 1. What does this policy do? 1 2. What benefits does the policy provide? 2 3. Automatic Additional benefits 3 4. Optional Benefits 4 5. What

More information

Personal Pensions. Freedom in Retirement Plan Personal & Personal (Rebate) Single Contribution Pension Plan Personal Customer Guide

Personal Pensions. Freedom in Retirement Plan Personal & Personal (Rebate) Single Contribution Pension Plan Personal Customer Guide Personal Pensions Freedom in Retirement Plan Personal & Personal (Rebate) Single Contribution Pension Plan Personal Customer Guide This Customer Guide is to be read in conjunction with the Fund Guide.

More information

Eagle Star Guaranteed Mortgage Protection. Customer Guide

Eagle Star Guaranteed Mortgage Protection. Customer Guide Eagle Star Guaranteed Mortgage Protection Customer Guide Introduction This guide applies to the Eagle Star Guaranteed Mortgage Protection plan. Zurich Life wants to make sure that you purchase a policy

More information

Guaranteed Whole of Life Cover. Peace of mind for the whole of your life

Guaranteed Whole of Life Cover. Peace of mind for the whole of your life Guaranteed Whole of Life Cover Peace of mind for the whole of your life Contents Protection Cover from Aviva Page 1 Guaranteed Whole of Life Cover Page 2 Your plan benefits Page 3 The premiums Page 6 Guaranteed

More information

Guaranteed Mortgage Protection. Customer Guide

Guaranteed Mortgage Protection. Customer Guide Guaranteed Mortgage Protection Customer Guide Introduction This guide applies to the Zurich Life Guaranteed Mortgage Protection plan. Zurich Life Assurance plc ( Zurich Life ) wants to make sure that

More information

Guaranteed Term Protection. Customer Guide

Guaranteed Term Protection. Customer Guide Guaranteed Term Protection Customer Guide Introduction This guide applies to the Zurich Life Guaranteed Term Protection plan. Zurich Life Assurance plc ( Zurich Life ) wants to make sure that you purchase

More information

Guaranteed Term Protection. Customer Guide

Guaranteed Term Protection. Customer Guide Guaranteed Term Protection Customer Guide Introduction This guide applies to the Zurich Life Guaranteed Term Protection plan. Zurich Life Assurance plc ( Zurich Life ) wants to make sure that you purchase

More information

Eagle Star Personal Pensions & Associated Policies

Eagle Star Personal Pensions & Associated Policies Eagle Star Personal Pensions & Associated Policies Freedom in Retirement Plan - Personal & Personal (Rebate) Single Contribution Pension Plan - Personal & Income Protection Plan Customer Guide Introduction

More information

Eagle Star Guaranteed Whole of Life. Policy Document

Eagle Star Guaranteed Whole of Life. Policy Document Eagle Star Guaranteed Whole of Life Policy Document Introduction This document explains in detail the workings of your Eagle Star Guaranteed Whole of Life Policy. It is important that you read each section

More information

Policy. Conditions. Protection Policy Conditions. Protection

Policy. Conditions. Protection Policy Conditions. Protection Protection Policy Conditions Policy Conditions Protection IMPORTANT Please keep these documents safely The utmost care should be taken of this policy as duplicates of lost policies can not generally be

More information

Guaranteed acceptance. No medical questions.

Guaranteed acceptance. No medical questions. Life Assurance EBS Over 50s Life Cover Guaranteed acceptance. No medical questions. EBS Over 50s Life Cover is provided by Irish Life Assurance plc (Irish Life). Important note: Over 50s Life Cover is

More information

Personal and Executive Income Protection from Aviva. Key Features

Personal and Executive Income Protection from Aviva. Key Features Personal and Executive Income Protection from Aviva Key Features 1 Key features of Income Protection from Aviva Please read the Key Features document. It highlights the main features and benefits of the

More information

Important information. Key Features of the Flexible Life Plan (top-up payments)

Important information. Key Features of the Flexible Life Plan (top-up payments) Important information Key Features of the Flexible Life Plan (top-up payments) > Contents About this booklet 4 About the Flexible Life Plan (top-up payments) 4 Its aim 5 Your commitment 5 Risks 6 Questions

More information

Income Protector - personal. Protect your lifestyle

Income Protector - personal. Protect your lifestyle Income Protector - personal Protect your lifestyle income protector - personal Aim Cost of cover Provides you with a replacement income if you cannot work as a result of an illness or injury after a certain

More information

Over 50s Life Insurance

Over 50s Life Insurance Over 50s Life Insurance This product is provided by Irish Life Assurance plc. Life insurance with no medical questions You have been introduced to 123.ie Over 50s Life Insurance through the 123.ie website.

More information

Life insurance with no medical questions.

Life insurance with no medical questions. Life Insurance EBS Over 50s Life Insurance Life insurance with no medical questions. EBS Over 50s Life Insurance is provided by Irish Life Assurance plc (Irish Life). Important note: As well as offering

More information

Guaranteed Term Protection. Policy Document

Guaranteed Term Protection. Policy Document Guaranteed Term Protection Policy Document Introduction This document explains in detail the workings of your Guaranteed Term Protection Policy. It is important that you read each section of the document

More information

Key Features of the Whole of Life Protection Plan.

Key Features of the Whole of Life Protection Plan. WHOLE WHOLE OF OF LIFE LIFE PROTECTION PLAN KEY FEATURES Key Features of the Whole of Life Protection Plan. LIFE ASSURANCE This is an important document which you should keep safely in case you need it

More information

product disclosure statement Issued by Westpac Life Insurance Services Limited ( Westpac Life )

product disclosure statement Issued by Westpac Life Insurance Services Limited ( Westpac Life ) Westpac Future Cover product disclosure statement Issued by Westpac Life Insurance Services Limited ( Westpac Life ) ABN 31 003 149 157 Australian Financial Services Licence No. 233728 Level 20, Westpac

More information

plus rewarding savings more options for your future

plus rewarding savings more options for your future plus rewarding savings more options for your future bonussave plus Aim Risk Capital Protected Funds Available Time Period Jargon Free 4 Rewarding you for saving regularly Moderate to high depending on

More information

Life insurance with no medical questions

Life insurance with no medical questions OVER 50s Life INSURANCE Life insurance with no medical questions 1 Committed to Plain English There is no financial jargon in this booklet and everything you need to know is written in an upfront and honest

More information

Protecting you, for the whole of your life

Protecting you, for the whole of your life Where family counts Where Family Counts Insurance Life Long Cover A whole of life plan, suitable for Inheritance Tax planning (Section 72) Protecting you, for the whole of your life David with sons Oisin

More information

The AIB Personal Pension Protection Plan. Life assurance from AIB to complement your pension plan

The AIB Personal Pension Protection Plan. Life assurance from AIB to complement your pension plan The AIB Personal Pension Protection Plan Life assurance from AIB to complement your pension plan Contents AIB Protection Plans 1 The AIB Personal Pension Protection Plan 2 A summary of the benefits 3 The

More information

Life insurance with no medical questions

Life insurance with no medical questions OVER 50s Life INSURANCE Life insurance with no medical questions 1 About us Established in Ireland in 1939, Irish Life is now part of the Great-West Lifeco group of companies, one of the world s leading

More information

AA 50 Plus Life Insurance

AA 50 Plus Life Insurance AA 50 Plus Life Insurance Policy conditions Provided by Friends Life and Pensions Limited AA 50 Plus Life Insurance AA 50 Plus Life Insurance Policy conditions This document sets out the full policy conditions

More information

OVER 50s LIFE INSURANCE

OVER 50s LIFE INSURANCE PENSIONS INVESTMENTS LIFE INSURANCE OVER 50s LIFE INSURANCE LIFE INSURANCE WITH NO MEDICAL QUESTIONS ABOUT US Established in Ireland in 1939, Irish Life is now part of the Great-West Lifeco group of companies,

More information

Income Protector - personal. Protect your lifestyle

Income Protector - personal. Protect your lifestyle Income Protector - personal Protect your lifestyle income protector - personal Aim Cost of Cover Time Period Provides you with a replacement income if you cannot work as a result of an illness or injury

More information

Key features of the Whole Life Protection Plan

Key features of the Whole Life Protection Plan IMPORTANT INFORMATION This information may be downloaded to your PC in whole or in part provided that any reproduction or copy, or any derivative, is true to the original, and it is EITHER used for personal

More information

Policy wording. AMI Life Injury Insurance. What you need to know about your policy. When the insurance cover begins.

Policy wording. AMI Life Injury Insurance. What you need to know about your policy. When the insurance cover begins. AMI Life Injury Insurance Policy wording What you need to know about your policy Please read your policy wording and schedule carefully to ensure it meets your needs. If there is any error please contact

More information

START-UP INCOME PROTECTION

START-UP INCOME PROTECTION START-UP INCOME PROTECTION TABLE OF CONTENTS 1 What are your Start-Up Income Protection policy benefits? 2 2 When will Sovereign pay a benefit? 2 3 What amount will Sovereign pay for a benefit? 2 4 What

More information

Employee Group Benefits UNDERWRITTEN BY SUN LIFE ASSURANCE COMPANY OF CANADA

Employee Group Benefits UNDERWRITTEN BY SUN LIFE ASSURANCE COMPANY OF CANADA Employee Group Benefits UNDERWRITTEN BY SUN LIFE ASSURANCE COMPANY OF CANADA Howard University and Howard University Hospital D.B.A. Howard University, Inc. YOUR GROUP LIFE INSURANCE CONTAINS AN ACCELERATED

More information

HSBC Life Cover (Level and Decreasing) Everything you need to know for: Personal Protection and Business Protection

HSBC Life Cover (Level and Decreasing) Everything you need to know for: Personal Protection and Business Protection HSBC Life Cover (Level and Decreasing) Everything you need to know for: Personal Protection and Business Protection 2 Contents Section Page Policy Summary 3 Type of Insurance and Cover 3 Significant Features

More information

MLC Personal Protection Portfolio MLC Life Cover Super

MLC Personal Protection Portfolio MLC Life Cover Super MLC Personal Protection Portfolio MLC Life Cover Super Product disclosure statement This Product Disclosure Statement was prepared by: MLC Limited ABN 90 000 000 402 AFSL 230694 Issuer of MLC Personal

More information

AIB Life Long Insurance

AIB Life Long Insurance AIB Life Long Insurance Life insurance for your whole life This product is provided by Irish Life Assurance plc. AIB has chosen Irish Life, Ireland s leading life and pensions provider, to provide its

More information

BT Lifetime Super Employer Plan

BT Lifetime Super Employer Plan BT Lifetime Super Employer Plan Additional Information Booklet Part 3 Insurance Dated: 1 July 2015 Last updated: 1 July 2015 About this Additional Information Booklet This document is Part 3 of the Additional

More information

AA 50 Plus Life Insurance

AA 50 Plus Life Insurance AA 50 Plus Life Insurance Policy conditions Provided by Friends Life Limited AA 50 Plus Life Insurance AA 50 Plus Life Insurance Policy conditions This document sets out the full policy conditions of AA

More information

AIB Pension Life Insurance

AIB Pension Life Insurance Protection AIB Pension Life Insurance Tax efficient life insurance This product is provided by Irish Life Assurance plc. AIB has chosen Irish Life, Ireland s leading life and pensions provider, to provide

More information

Over 50 s Life Insurance

Over 50 s Life Insurance Over 50 s Life Insurance terms and conditions booklet This product is provided by Irish Life Assurance plc. This is the Terms and Conditions booklet for your Over 50 s Life Insurance plan. You should read

More information

THE ITC BUY OUT BOND BROCHURE. www.independent-trustee.com

THE ITC BUY OUT BOND BROCHURE. www.independent-trustee.com THE ITC BUY OUT BOND BROCHURE www.independent-trustee.com If you were the member of an occupational pension scheme, leaving or have left employment, or your pension scheme is being wound up, it is time

More information

Flexible Life Plan Key Features

Flexible Life Plan Key Features Flexible Life Plan Flexible Life Plan Key Features This document shows the main points about your plan. Please read it with your personal illustration and keep it with the other documents relating to your

More information

LIFE INSURANCE. Product Disclosure Statement

LIFE INSURANCE. Product Disclosure Statement LIFE INSURANCE Product Disclosure Statement This product and Product Disclosure Statement are issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530 AFSL 229880 under the brand, AAMI. Contents

More information

KEY FEATURES OF THE RELEVANT LIFE PLAN.

KEY FEATURES OF THE RELEVANT LIFE PLAN. RELEVANT LIFE PLAN KEY FEATURES OF THE RELEVANT LIFE PLAN. LIFE COVER This is an important document which should be kept in a safe place. 2 RELEVANT LIFE PLAN KEY FEATURES USING THIS DOCUMENT. WHAT ARE

More information

Independent consumer guide to life insurance

Independent consumer guide to life insurance Independent consumer guide to life insurance Who we are and what we do The Irish Financial Services Regulatory Authority was established in May 2003 to regulate financial services firms in Ireland. Our

More information

Life insurance for your whole life

Life insurance for your whole life Where family counts Where Family Counts Insurance Life Long Insurance A whole of life plan, suitable for Inheritance Tax planning (Section 72) Life insurance for your whole life David with sons Oisin and

More information

Over 50s Funeral Plan

Over 50s Funeral Plan Over 50s Funeral Plan Policy Booklet One Direct (Ireland) Limited, trading as Post Insurance, is regulated by the Central Bank of Ireland. One Direct (Ireland) Limited is a wholly owned subsidiary of An

More information

Equimax Participating Whole Life Insurance. (For Adults) Optional Riders

Equimax Participating Whole Life Insurance. (For Adults) Optional Riders Equimax Participating Whole Life Insurance (For Adults) Optional Riders Additional Accidental Death Benefit 1 Disability Waiver of Premium Rider. 3 Children s Protection Rider 6 Guaranteed Insurability

More information

Income Insurance Plan

Income Insurance Plan Income Insurance Plan terms and conditions booklet This product is provided by Irish Life Assurance plc. This is the Terms and Conditions booklet for your Income Insurance plan. Please keep this document

More information

START-UP INCOME PROTECTION TABLE OF CONTENTS. 2 When will Sovereign pay a benefit? 3 What amount will Sovereign pay for a benefit?

START-UP INCOME PROTECTION TABLE OF CONTENTS. 2 When will Sovereign pay a benefit? 3 What amount will Sovereign pay for a benefit? START-UP INCOME PROTECTION TABLE OF CONTENTS 1 What are your Start-Up Income Protection Policy benefits? 2 When will Sovereign pay a benefit? 3 What amount will Sovereign pay for a benefit? 4 What does

More information

Insurance Solutions for life

Insurance Solutions for life For Financial Brokers use only. This is not a client document. Insurance Solutions for life 1. Our life insurance products at a glance 1 Page 2. Life insurance product details Term Life Insurance 2 Mortgage

More information

Life Long Insurance. This product is provided by Irish Life Assurance plc. Life Insurance for your whole life

Life Long Insurance. This product is provided by Irish Life Assurance plc. Life Insurance for your whole life Life Long Insurance This product is provided by Irish Life Assurance plc. Life Insurance for your whole life 1 Irish Life is part of the Great-West Lifeco group of companies, one of the world s leading

More information

LifePlan. Key Features

LifePlan. Key Features LifePlan Key Features Introduction You should read this document carefully as it provides a summary of the main points about LifePlan. Before applying for a policy you should consult your financial adviser

More information

Specimen copy of the Master Policy. Life Protection for Superannuation Accounts

Specimen copy of the Master Policy. Life Protection for Superannuation Accounts Specimen copy of the Master Policy Life Protection for Superannuation Accounts Asgard Capital Management Limited ABN 92 009 279 592 AFSL 240695 is the Trustee and Administrator and is the owner of this

More information

Protection. AIB Income Insurance. Protecting your earnings. This product is provided by Irish Life Assurance plc.

Protection. AIB Income Insurance. Protecting your earnings. This product is provided by Irish Life Assurance plc. Protection AIB Income Insurance Protecting your earnings This product is provided by Irish Life Assurance plc. AIB has chosen Irish Life, Ireland s leading life and pensions provider, to provide its customers

More information

<Variable 40>AMP Lifetrack Protecting your Life and Lifestyle

<Variable 40>AMP Lifetrack Protecting your Life and Lifestyle Table of Contents 1 Please read this first...2 2 Indexation Option...4 3 Making a claim...6 4 How a claim is paid...6 5 Premiums: what you pay for this Policy...8 6 Making changes to your Policy...9 7

More information

Self Directed Personal Retirement Bond. Personal Retirement Benefits Brochure

Self Directed Personal Retirement Bond. Personal Retirement Benefits Brochure Self Directed Personal Retirement Bond Personal Retirement Benefits Brochure Contents Section 1: What is a Personal Retirement Bond? 2 Section 2: Definitions 3 Section 3: Contributions 4 Section 4: Charges

More information

BT Business Super. Additional Information Booklet Part 3 Insurance. Dated: 1 July 2015 Last updated: 1 July 2015

BT Business Super. Additional Information Booklet Part 3 Insurance. Dated: 1 July 2015 Last updated: 1 July 2015 BT Business Super Additional Information Booklet Part 3 Insurance Dated: 1 July 2015 Last updated: 1 July 2015 About this Additional Information Booklet This document is Part 3 of the Additional Information

More information

International Portfolio Bond for Wrap Key Features

International Portfolio Bond for Wrap Key Features International Portfolio Bond for Wrap Key Features This is an important document. Please read it and keep it along with the enclosed personal illustration for future reference. The Financial Conduct Authority

More information

ACCIDENTAL DEATH INSURANCE

ACCIDENTAL DEATH INSURANCE ACCIDENTAL DEATH INSURANCE Policy Document This product and Policy Document are issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530 AFSL 229880 under the brand, AAMI. Contents 1.0 Important

More information

UCC Supplementary Life Assurance Scheme Member s Booklet

UCC Supplementary Life Assurance Scheme Member s Booklet UCC Supplementary Life Assurance Scheme Member s Booklet Sub-Title taking care of you... Introduction University College Cork (UCC) has established the UCC Supplementary Life Assurance Scheme (the Scheme)

More information

Gold Disability Income Cover Policy

Gold Disability Income Cover Policy Gold Disability Income Cover Policy This is your Gold Disability Income Cover Policy. It is an important document and should be kept in a safe place. Please take the time to read this document. Contents

More information

Zurich Wealth Protection

Zurich Wealth Protection Issue Date: 21 December 2015 Zurich Wealth Protection Product Disclosure Statement including policy conditions This PDS, prepared on 25 November 2015, is provided in two parts: Part 1 Policy information

More information

RELEVANT LIFE PLAN KEY FEATURES

RELEVANT LIFE PLAN KEY FEATURES seeing retirement differently seeing retirement differently RELEVANT LIFE PLAN CELEBRATING CELEBRATING YEARS sin ce 1 9 9 5 YEARS sin ce 1 9 9 5 The Financial Conduct Authority is a financial service regulator.

More information

Voluntary Income Protection Plan Explanatory booklet. December, 2011

Voluntary Income Protection Plan Explanatory booklet. December, 2011 Voluntary Income Protection Plan Explanatory booklet December, 2011 This booklet is produced by Friends First and provides an overview of the benefits for members of the Voluntary Income Protection Plan

More information

Mortgage Repayment Protection Policy

Mortgage Repayment Protection Policy Mortgage Repayment Protection Policy Content 1. Introduction 4 2. Definitions 5 3. Insurance Benefits 8 4. General Exclusions 11 5. Terms and Conditions 12 6. Consumer Information 14 1. Introduction This

More information

Income Insurance - personal. This product is provided by Irish Life Assurance plc.

Income Insurance - personal. This product is provided by Irish Life Assurance plc. Income Insurance - personal PROTECTING YOUR EARNINGS This product is provided by Irish Life Assurance plc. Bank KBC has chosen Irish Life, Ireland s leading life insurance provider, to provide its customers

More information

Protect. Policy Summary. Long Term and Short Term. ...the feeling s mutual

Protect. Policy Summary. Long Term and Short Term. ...the feeling s mutual Protect Long Term and Short Term Policy Summary If you want to know you re getting good value, fair and reliable Income Protection that does what it says on the tin...the feeling s mutual This document

More information

Key Features of the NFU Mutual Level Temporary Assurance Policy with Critical Illness Cover PROTECTION

Key Features of the NFU Mutual Level Temporary Assurance Policy with Critical Illness Cover PROTECTION Key Features of the NFU Mutual Level Temporary Assurance Policy with Critical Illness Cover PROTECTION CONTENTS 03 Who should buy this product? Its Aims Your Commitment Risks What is the Level Temporary

More information

ACCIDENTAL DEATH INSURANCE

ACCIDENTAL DEATH INSURANCE ACCIDENTAL DEATH INSURANCE Product Disclosure Statement This product and Product Disclosure Statement are issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530 AFSL 229880 under the brand,

More information

Pension Annuity. Key Features

Pension Annuity. Key Features Helping you decide The Financial Services Authority is the independent financial services regulator. It requires us to give you this important information to help you to decide whether our Pension Annuity

More information

INCOME INSURANCE - PERSONAL

INCOME INSURANCE - PERSONAL PENSIONS INVESTMENTS LIFE INSURANCE INCOME INSURANCE - PERSONAL PROTECT YOUR EARNINGS ABOUT US Established in Ireland in 1939, Irish Life is now part of the Great-West Lifeco group of companies, one of

More information

LIFE INSURANCE SUMMARY

LIFE INSURANCE SUMMARY LIFE INSURANCE SUMMARY Your family can count on your paycheck to meet day-to-day expenses while you are actively at work, but it is important to plan for their financial security in the event of your death.

More information

Lifetime Protection Plan from Standard Life Protecting you and your family

Lifetime Protection Plan from Standard Life Protecting you and your family Lifetime Protection Plan from Standard Life Protecting you and your family Remember when you thought you were invincible 1 of 33 2 of 33 When was the last time you felt invincible? Contents The need for

More information

Vista. Key features document. Zurich International Life. Helping you decide

Vista. Key features document. Zurich International Life. Helping you decide Zurich International Life Vista Key features document Helping you decide This is an important document which gives you a summary of the Vista policy. Please read this before you buy this policy and keep

More information

REQUEST FOR THE ONTARIO MEDICAL ASSOCIATION GROUP FLEX-TERM LIFE INSURANCE PLAN

REQUEST FOR THE ONTARIO MEDICAL ASSOCIATION GROUP FLEX-TERM LIFE INSURANCE PLAN NEW YORK LIFE INSURANCE COMPANY REQUEST FOR THE ONTARIO MEDICAL ASSOCIATION GROUP FLEX-TERM LIFE INSURANCE PLAN I wish to apply for: Flex-10 Policy G-29700 Flex-20 Policy G-29800 SECTION A: MEMBER INFORMATION

More information

POLICY TERMS AND CONDITIONS.

POLICY TERMS AND CONDITIONS. TERM ASSURANCE POLICY TERMS AND CONDITIONS. T&C 60 2 TERM ASSURANCE POLICY TERMS AND CONDITIONS CONTENTS. 1. DEFINITIONS EXPLAINED 3 2. INTRODUCTION 4 2.1 Who is covered? 2.2 Amount of cover 2.3 Period

More information

Bank of Ireland Insurance Services Limited ( BIIS )

Bank of Ireland Insurance Services Limited ( BIIS ) Bank of Ireland Insurance Services Limited ( BIIS ) Terms of Business Our legal name is Bank of Ireland Insurance Services Limited The Terms of Business set out below provides the basis on which BIIS will

More information

METLIFE EXCEPTED GROUP LIFE POLICY TECHNICAL GUIDE

METLIFE EXCEPTED GROUP LIFE POLICY TECHNICAL GUIDE METLIFE EXCEPTED GROUP LIFE POLICY TECHNICAL GUIDE This document is a guide to the features, benefits, risks and limitations of the MetLife Excepted Group Life policy, including how the policy works and

More information

Product Disclosure Statement

Product Disclosure Statement Product Disclosure Statement For NAB Mortgage Protect Preparation Date: 23 June 2012 Issue No. 1 This Product Disclosure Statement (PDS) is issued by: MLC Limited, ABN 90 000 000 402 AFSL 230694 You ve

More information

Key features of the Mortgage Protection Plan

Key features of the Mortgage Protection Plan IMPORTANT INFORMATION This information may be downloaded to your PC in whole or in part provided that any reproduction or copy, or any derivative, is true to the original, and it is EITHER used for personal

More information

Policy Summary for Over 50s Life Insurance Plans

Policy Summary for Over 50s Life Insurance Plans Policy Summary for Over 50s Life Insurance Plans 1. Fixed Plan 2. Increasing Plan 3. Funeral Plan This is an important document, which you should read carefully so that you understand what you are buying

More information

KEY FEATURES OF THE NFU MUTUAL MORTGAGE TEMPORARY ASSURANCE POLICY PROTECTION

KEY FEATURES OF THE NFU MUTUAL MORTGAGE TEMPORARY ASSURANCE POLICY PROTECTION KEY FEATURES OF THE NFU MUTUAL MORTGAGE TEMPORARY ASSURANCE POLICY PROTECTION The Financial Conduct Authority is a financial services regulator. It requires us, NFU Mutual, to give you this important information

More information

YOUR GROUP LIFE INSURANCE PLAN

YOUR GROUP LIFE INSURANCE PLAN YOUR GROUP LIFE INSURANCE PLAN For Members of 6CC000 B-14564 4-15 CONTENTS CERTIFICATION PAGE............................................. 1 SCHEDULE OF BENEFITS...........................................

More information

A Guide to Life Insurance Cover Creating your success through Financial Planning

A Guide to Life Insurance Cover Creating your success through Financial Planning & Guidance A Guide to Life Insurance Cover A Guide to Life Insurance Cover Financial Broker Contents How can I protect my family financially if I die? 02 What is life insurance? 03 What is a Financial

More information

A Guide to Life Insurance Cover Creating your success through Financial Planning

A Guide to Life Insurance Cover Creating your success through Financial Planning & Guidance A Guide to Life Insurance Cover Contents How can I protect my family financially if I die? 02 What is life insurance? 03 What is a Financial Broker? 06 Why would I need to use a Financial Broker?

More information

Key Features of the BFS Protect Policy. A fresh look at Income Protection

Key Features of the BFS Protect Policy. A fresh look at Income Protection Key Features of the BFS Protect Policy A fresh look at Income Protection A fresh look at Income Protection 2 This is an important document which you should read along with your Personal Illustration. The

More information

Pension Annuity. Key features

Pension Annuity. Key features Helping you decide The Financial Conduct Authority is a financial services regulator. It requires us to give you this important information to help you to decide whether our Pension Annuity is right for

More information

POLICY TERMS AND CONDITIONS.

POLICY TERMS AND CONDITIONS. TERM ASSURANCE POLICY TERMS AND CONDITIONS. T&C 60 2 TERM ASSURANCE POLICY TERMS AND CONDITIONS CONTENTS. 1. INTRODUCTION 3 1.1 Who is covered? 1.2 Amount of cover 1.3 Period of cover 2. COVER PROVIDED

More information

Level, Renewable and Family Income Protection Key Features

Level, Renewable and Family Income Protection Key Features Level, Renewable and Family Income Protection Key Features Lifetime Protection from Standard Life This is an important document. Please read it and keep for future reference. The Financial Conduct Authority

More information

Policy Summary for Over 50s Life Insurance Plans

Policy Summary for Over 50s Life Insurance Plans This is an important document, which you should read carefully so that you understand what you are buying. Please keep together with your Policy Terms and Conditions, in a safe place, for future reference.

More information

INCOME INSURANCE - PERSONAL

INCOME INSURANCE - PERSONAL PENSIONS INVESTMENTS LIFE INSURANCE INCOME INSURANCE - PERSONAL PROTECT YOUR EARNINGS ABOUT US Established in Ireland in 1939, Irish Life is now part of the Great-West Lifeco group of companies, one of

More information

Suncorp Life Protect Product Disclosure Statement

Suncorp Life Protect Product Disclosure Statement Suncorp Life Protect Product Disclosure Statement Prepared on: 20 February 2015 Effective date: 30 March 2015 Important Information This is the Product Disclosure Statement (PDS) for Suncorp Life Protect.

More information

sample Gold Disability Income Cover

sample Gold Disability Income Cover Gold Disability Income Cover Here is some important information about Gold Disability Income Cover. Please read this policy document and then keep it in a safe place. 1 Please take the time to read this

More information

Guaranteed Mortgage Protection. Policy Document

Guaranteed Mortgage Protection. Policy Document Guaranteed Mortgage Protection Policy Document Introduction This document explains in detail the workings of your Guaranteed Mortgage Protection Policy. It is important that you read each section of the

More information

An Adviser s Guide to Pensions

An Adviser s Guide to Pensions An Adviser s Guide to Pensions 1 An Adviser s Guide to Pensions Contents: Section 1: Personal Pensions 1.1 Eligibility 1.2 Maximum Benefits 1.3 Contributions & Tax Relief 1.4 Death Benefits 1.5 Retirement

More information

Eagle Star Co-Director Insurance

Eagle Star Co-Director Insurance Eagle Star Co-Director Insurance Customer Brochure Best Insurance Provider Investor Magazine 2008 Forms required for: Own Life in Trust (see pages 3 and 4) Co-Director Insurance Application Form Co-Director

More information